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Sustainability
We are engineering a more
Sustainable Future. Brilliantly.
At IK Group, we understand that our engineering has a long-lasting impact, not only today but also tomorrow. That is why we are committed to applying sustainability principles to everything we do so that our business continues to thrive, ensuring a safe and healthy environment for our people, our industry and our planet.
During 2023, we undertook a comprehensive review of our sustainability strategy, making it an integral part of our business strategy and ensuring we have a long-term perspective and focus on more sustainable business solutions. Identifying and prioritising our sustainability goals is foundational in developing our corporate strategy, conducting and evolving our business, and reporting progress.
Our responsibility is to reduce our environmental footprint and, where feasible, drive our suppliers to an aligned outcome. This means collaborating with them to make tomorrow cleaner, greener, and more efficient than today while continuing to improve throughout our value chain, delivering solutions that reduce our customers’ emissions.
We do all of this while staying true to our purpose: To make a difference in people’s lives, our community and our planet by doing business the right way.
The IK Goal
Sustainable business solutions
Our focus is ensuring competitive advantage and return on investment, creating economic growth and more value for our customers.
Reduce environmental footprint
We look at the big picture, striving for continuous improvement throughout our value chain while delivering solutions that reduce our customer’s emissions.
Culture for Sustainability
Our local community is important to us. We encourage an open and transparent environment with policies in place to allow social, cultural and political beliefs to be considered without prejudice.
From Words to Action:
Our Sustainable Journey.
At IK Subsea, we believe in turning our commitment to sustainability into tangible actions. Our mission is to be open and transparent about our efforts, promoting a long-term perspective that upholds continuous improvement.
Implementation of Sustainable Strategies
We are dedicated to translating our sustainability goals into practical strategies. This involves enhancing our processes and efficiency through digitalisation, collaborating with suppliers to improve quality, and standardising tools across our operations.
Transparency Act Compliance
Under the Transparency Act, we regularly conduct due diligence on suppliers and other business partners. Our approach is risk-based, proportionate, and aligns with the UN’s Guiding Principles for Business and Human Rights and the OECD Procedure for Multinational Enterprises.
Human Rights and ESG Practices
In alignment with our commitment to responsible and sustainable business practices, IK Subsea upholds and promotes human rights throughout our business activities and value chain. Integrating environmental, social, and governance (ESG) practices into our decision-making and business processes is a top management priority.
At IK Subsea, we are not just embracing sustainability but leading the way, setting standards for transparency, responsible business conduct, and environmental stewardship. Join us on this journey towards a more sustainable and brilliant future.